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Maybe Zynga and Groupon were tech darlings?


Well the ZNGA IPO wasn't all that long ago. Just prior to that was the move to the huge amusement park-style office complex in downtown SF. I have friends who work there and are constantly posting pics of the awesome food and all-expense paid trips. These are things employees should get for performing well and making boatloads of cash. If you went purely by appearances, you'd assume ZNGA was one of the most wildly profitable companies on earth as opposed to one that is losing $1.30/share. I for one wouldn't invest a dime in the company when you see how irresponsibly they spend.




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